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20130107
20130115
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is lisa rice, of the national housing alliance. then elise cohen at the national law center. if i move to my right hand side, susan, a professor of real estate and finance at university of spilt -- pennsylvania. david moss of its of wells fargo, and karen thomas, senior vice president for relations at the independent community bankers association of america. we might start with you, mr. calhoun. >> thank you. today, the cfpb announces one of its most important roles -- he qualified mortgage ability to repay rule and the upcoming mortgage servicing rules that will come out next week. they addressed failures in the mortgage market that devastated millions of families in our overall economy. the twin drivers of this were widespread on affordable loans and a broken mortgage servicing system that severely aggravated the ensuing wave of foreclosures. the goal of the dodd-frank legislation and the rule today are to create direct incentives so that lenders are encouraged to make loans that are long term sustainable, not just generators of short-term fees, and to also deter and prohibit abusive
Search Results 0 to 0 of about 1